Realio Network (RIO) Token Continues Momentum Soaring 140% Weekly
On Tuesday, investors shrugged aside the long-term repercussions of a regulatory clampdown on crypto-friendly banks, while U.S. consumer price index (CPI) data pointed to decreasing inflation in the coming months, sending bitcoin and ether temporarily over $26,000 and $1,770, respectively.
Both prominent tokens dropped as much as 5% from their Tuesday highs before leveling out. During Wednesday’s early Asian trading session, the value of one bitcoin was just under $25,000, while the value of one ether was just over $1,700.
Massive ROI For RIO
On the other hand, the Realio Network token, RIO, has seen more volatility than most other cryptocurrencies. Up 37% so far today, the cryptocurrency is witnessed a 24-hour high of $0.3443. The token has been surging for well over a week now. And is up by almost 140% in the last 7 days.
The price of the Realio Network has broken through a level of resistance. In the event that the rally fizzles out, Realio Network will be in a very precarious situation.
The Realio platform advertises itself as a comprehensive, blockchain-based, SaaS platform for managing the whole lifecycle of digital securities and cryptocurrencies, from issuance to investment. Its stated goal is to unite enterprise-grade blockchain and crypto solutions with institutional-quality investment vehicles by providing access to a decentralized (p2p) exchange that operates entirely on the blockchain.
There was a total of $7,492,021 worth of Realio Network traded over the course of 24 hours, as reported by CMC. In the past day, Realio Network has gained 18.29%. There are a total of 6,568,515 coins in circulation, with a maximum of 75,000,000 coins in existence.